Northwire Canada EditionSunday, September 27, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4321.20 +0.5% SILVER 64.80 +1.2% COPPER 6.77 −0.3% OIL 92.41 −2.3% PALLADIUM 1276.00 −0.5% SMP 0.055 +0.0% NVX 1.10 +12.2% AORO 0.015 +0.0% HAWK 0.025 +25.0% LOD 0.400 +0.0% SBMI 0.135 +3.9% PA 0.160 +3.2% BARU 0.060 +9.1% MKA 0.800 +8.1% GCN 0.030 +0.0% IAU 2.48 +1.6% CS 14.54 −0.2% LGO 0.750 −22.7% REVX 1.99 +19.2% OMI 0.320 +12.3% VLD 0.430 +0.0% GOLD 4321.20 +0.5% SILVER 64.80 +1.2% COPPER 6.77 −0.3% OIL 92.41 −2.3% PALLADIUM 1276.00 −0.5% SMP 0.055 +0.0% NVX 1.10 +12.2% AORO 0.015 +0.0% HAWK 0.025 +25.0% LOD 0.400 +0.0% SBMI 0.135 +3.9% PA 0.160 +3.2% BARU 0.060 +9.1% MKA 0.800 +8.1% GCN 0.030 +0.0% IAU 2.48 +1.6% CS 14.54 −0.2% LGO 0.750 −22.7% REVX 1.99 +19.2% OMI 0.320 +12.3% VLD 0.430 +0.0%
Drill Results

Grizzly receives drill, trenching permits for Greenwood

By The Northwire Desk — AI Analysis Sep 29, 2025 · 19:54 GZD · 0.02 Grizzly Discoveries Inc.
GZD · Price

Executive Summary

  • Grizzly Discoveries Inc. received drilling and trenching permits from the B.C. Ministry of Mining and Critical Minerals for four priority targets at its Greenwood project (Midway, Sappho, Copper Mountain, Imperial).
  • The company will use proceeds from a recently announced $1 million private placement to fund fall‑2025 drilling and trenching at the Midway target, which hosts historic high‑grade gold‑silver‑copper mineralization.
  • Recent historical sampling highlights include multiple rock grab assays up to 70.8 g/t Au and 2,140 g/t Ag, underscoring the exploration potential of the Midway area.

Key Details

  • Permit Coverage: Work permits granted for drilling and trenching at Midway, Sappho, Copper Mountain (Prince of Wales, Coronation, Mabel Jenny) and Imperial targets.
  • Financing Reference: Private placement offering up to $1 million (announced Sept. 11‑12, 2025) earmarked primarily for Midway exploration activities in fall 2025.
  • Midway Historical Assays:
  • Rock grab samples (2022) returned 12.05 g/t – 70.8 g/t Au (0.351–2.065 oz/ton).
  • Silver assays ranged from 1,360 g/t to 2,140 g/t Ag (39.7–62.4 oz/ton).
  • New 2023 showings: up to 5.64 g/t Au (0.165 oz/ton) north of Midway; up to 4.19 g/t Au (0.122 oz/ton) west of Midway.
  • Soil Anomalies (2022‑2024): At least six zones with >100 ppb Au and >200 ppm Cu identified around Midway.
  • Target Metallurgy: Exploration focused on copper‑gold skarn and epithermal gold‑silver mineralization; outcrop samples exhibit pyrite, arsenopyrite, galena, sphalerite within siliceous chalcedonic host rocks.
  • Additional High‑Grade Sample: Rock grab 200 m west of historic Midway mine yielded 15.85 g/t Au (0.462 oz/ton) and 1,530 g/t Ag (44.6 oz/ton).
  • Fall 2025 Exploration Plan: Trenching, rock & soil sampling, and drilling at Midway contingent on financing availability; Beaverdell soil results to be released as received.
  • QA/QC Protocols: Samples analyzed by ALS Global Laboratories (ISO/IEC 17025:2017 accredited); fire assay with atomic emission spectrometry used for Au; chain‑of‑custody maintained under direction of Michael B. Dufresne, MSc, PGeol, PGeo (qualified person per NI 43‑101).

Notable Quotes

  • “We are excited and are looking forward to pursuing a number of high‑grade gold‑silver‑copper‑lead‑zinc showings and historical mines with drilling in the fall of 2025… We have barely scratched the surface in terms of exploration.” – Brian Testo, President & CEO, Grizzly Discoveries Inc.
Read the original news release →

More from Grizzly Discoveries Inc.

Sep 15, 2026 · 09:01

Grizzly Discoveries secures $2m cad to fund critical minerals drilling and land acquisitions in british columbia.

Financings Sep 08, 2026 · 09:16

Grizzly Discoveries extends high-grade Au-Ag trends at Midway and targets Sappho IP anomalies for fall drilling.

Drill Results Sep 02, 2026 · 09:01

Grizzly Discoveries identifies new porphyry targets via Motherlode IP survey ahead of a planned drilling program.

Drill Results Jul 30, 2026 · 09:01

Grizzly Discoveries reports polymetallic skarn drill results at Sappho that fail to exceed historical copper equivalent grades with opaque disclosure and modest thickness.

Drill Results Jul 06, 2026 · 09:01

Grizzly Discoveries extends its Sappho chargeability anomaly 800m east and 600m south at the Sappho project.

Drill Results May 25, 2026 · 09:01

Grizzly Expands IP Targets at Greenwood, But Dilution and Exploration Risk Loom Large

Drill Results